The share of the ruble in Russian foreign trade increases dramatically By Anna Koroleva In June 2023, Russia received a record share of revenue in rubles from exports to the countries of America and Europe, RIA Novosti…
The last part of this piece’s byline is the most important. The West is destroying its own economy by way of Russia, and it is doing so in full knowledge of the outcome. “You will own nothing, and you will be happy.” – Claus Schwab Remember this? Well, Russia is not interested in the Great Reset. […]
Brandon Smith | When it comes to the big collapse, just know this: timing is everything.
21WIRE | As the summer approaches, expect more twists and turns in this epic financial war.
Former U.S. Treasury Secretary Paul Craig Roberts says Russia just announced a gold-backed ruble and it is the beginning of the end for the US dollar. A Golden RubleMarch 30 (King World News) – Former U.S. Treasury Secretary Paul Craig Roberts had this to say about the situation: Lots of startling changes yesterday. Russia announced, apparently, a gold-backed or gold-related ruble. I […]
No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United […]
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the Russian economy and its transformation away from western institutional control and the dollar hegemony.
Even Wall Street investors are now taking a look at Russia’s well managed economy, low debt and excellent balance sheet.
RT reported on March 26 that Russia is continuing to make great progress in putting an end to its dependence on American dollars when it comes to energy.
Energy giant Gazprom could become the first Russian company to exclude the US dollar from its foreign trade operations. It aims to switch to Russian rubles and other national currencies in payments for energy supplies.
The news for the economy appears “positive” as a combination of a strong American economy and the worries over Iran and the Venezuelan economic crisis together pushed crude oil prices through the $70 mark for the first time since November of 2014.
